Research Briefing
Nigeria: MINT-ed?
Jim O’Neill, the economist who first coined the term ‘BRICS’ in 2001, has announced that Nigeria (along with Mexico, Indonesia and Turkey [acronym: MINT) could become one of the next emerging ‘economic giants’. Yet there remain grounds for wondering whether Mr O’Neill’s view is overly rose-tinted. In sharp contrast to him, some recent observers have been talking instead of possible ‘revolution’ or the ‘disintegration’ of Nigeria. Perhaps, like pre-1914 Russia, it is precariously teetering between all three options.